Europe Electric Vehicle HVAC Market Size, Share & Industry Trends Analysis Report By Technology (BEV, and PHEV), By Component (Condenser, Compressor, Heater Core, Evaporator, and Others), By Vehicle Type, By Country and Growth Forecast, 2023 - 2030

Europe Electric Vehicle HVAC Market Size, Share & Industry Trends Analysis Report By Technology (BEV, and PHEV), By Component (Condenser, Compressor, Heater Core, Evaporator, and Others), By Vehicle Type, By Country and Growth Forecast, 2023 - 2030


The Europe Electric Vehicle HVAC Market would witness market growth of 9.4% CAGR during the forecast period (2023-2030).

The HVAC (heating, ventilation, and air conditioning) system of an electric vehicle (EV) is responsible for thermal management and air quality control. The HVAC system is responsible for sustaining a suitable interior temperature and humidity level for the occupants and maximizing the EV's energy efficiency and range. The HVAC system in an EV operates differently than in a conventional vehicle with a combustion engine. Since no engine block generates heat in an EV, the HVAC system depends on alternative heating means like electric resistance radiators or heat pumps. Heat exchangers transfer heat from the exterior to the interior of a vehicle using refrigerant gas, much like the operation of an air conditioning unit.

The electric compressor circulates a refrigerant to evacuate heat from the vehicle's interior while the condenser releases the heat the process produces. The evaporator cools the air before the compressor and air intakes transport it into the cabin. Given the limited power from the vehicle's battery, such systems are designed to conserve energy. In addition, they frequently incorporate intelligent controls and cutting-edge sensors to boost performance and decrease energy consumption. Therefore, EV HVAC systems are crucial for providing occupants with a comfortable and regulated interior climate and maximizing energy efficiency.

To meet the mandated targets of CO2 emission, suppliers and manufacturers in Europe will need to minimize the level of CO2 emissions by producing HVAC systems that are fuel-efficient. This would contribute to fuel savings and a decrease in environmental pollution. The UK is the second-largest premium vehicle manufacturing location in the world and is recognized for its luxury and sports cars, including those made by Jaguar, Bentley, Rolls-Royce, and Morgan. Different market growth prospects are opening up in the region due to the rise in commercial vehicle sales and technological advancements in HVAC systems.

The Germany market dominated the Europe Electric Vehicle HVAC Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $570.2 Million by 2030. The UK market is estimated to witness a CAGR of 8.4% during (2023 - 2030). Additionally, The France market would showcase a CAGR of 10.3% during (2023 - 2030).

Based on Technology, the market is segmented into BEV, and PHEV. Based on Component, the market is segmented into Condenser, Compressor, Heater Core, Evaporator, and Others. Based on Vehicle Type, the market is segmented into Passenger Vehicle, and Commercial Vehicle. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Valeo SA, Hanon Systems (Hahn & Co. Auto Holdings Co., Ltd.), Toyota Industries Corporation, Mahle GmbH (Mahle Stiftung GmbH), Panasonic Holdings Corporation, Johnson Electric Holdings Limited, Sanden Corporation (Hisense Home Appliances Group Co., Ltd), Marelli Holdings Co., Ltd., Denso Corporation, and Brose Fahrzeugteile SE & Co. KG

Scope of the Study

Market Segments covered in the Report:

By Technology
  • BEV
  • PHEV
By Component
  • Condenser
  • Compressor
  • Heater Core
  • Evaporator
  • Others
By Vehicle Type
  • Passenger Vehicle
  • Commercial Vehicle
By Country
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
Companies Profiled
  • Valeo SA
  • Hanon Systems (Hahn & Co. Auto Holdings Co., Ltd.)
  • Toyota Industries Corporation
  • Mahle GmbH (Mahle Stiftung GmbH)
  • Panasonic Holdings Corporation
  • Johnson Electric Holdings Limited
  • Sanden Corporation (Hisense Home Appliances Group Co., Ltd)
  • Marelli Holdings Co., Ltd.
  • Denso Corporation
  • Brose Fahrzeugteile SE & Co. KG
Unique Offerings from KBV Research
  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free


Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Electric Vehicle HVAC Market, by Technology
1.4.2 Europe Electric Vehicle HVAC Market, by Component
1.4.3 Europe Electric Vehicle HVAC Market, by Vehicle Type
1.4.4 Europe Electric Vehicle HVAC Market, by Country
1.5 Methodology for the research
Chapter 2. Market At a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis
Chapter 4. Strategies deployed in Electric Vehicle HVAC Market
Chapter 5. Europe Electric Vehicle HVAC Market by Technology
5.1 Europe BEV Market by Country
5.2 Europe PHEV Market by Country
Chapter 6. Europe Electric Vehicle HVAC Market by Component
6.1 Europe Condenser Market by Country
6.2 Europe Compressor Market by Country
6.3 Europe Heater Core Market by Country
6.4 Europe Evaporator Market by Country
6.5 Europe Others Market by Country
Chapter 7. Europe Electric Vehicle HVAC Market by Vehicle Type
7.1 Europe Passenger Vehicle Market by Country
7.2 Europe Commercial Vehicle Market by Country
Chapter 8. Europe Electric Vehicle HVAC Market by Country
8.1 Germany Electric Vehicle HVAC Market
8.1.1 Germany Electric Vehicle HVAC Market by Technology
8.1.2 Germany Electric Vehicle HVAC Market by Component
8.1.3 Germany Electric Vehicle HVAC Market by Vehicle Type
8.2 UK Electric Vehicle HVAC Market
8.2.1 UK Electric Vehicle HVAC Market by Technology
8.2.2 UK Electric Vehicle HVAC Market by Component
8.2.3 UK Electric Vehicle HVAC Market by Vehicle Type
8.3 France Electric Vehicle HVAC Market
8.3.1 France Electric Vehicle HVAC Market by Technology
8.3.2 France Electric Vehicle HVAC Market by Component
8.3.3 France Electric Vehicle HVAC Market by Vehicle Type
8.4 Russia Electric Vehicle HVAC Market
8.4.1 Russia Electric Vehicle HVAC Market by Technology
8.4.2 Russia Electric Vehicle HVAC Market by Component
8.4.3 Russia Electric Vehicle HVAC Market by Vehicle Type
8.5 Spain Electric Vehicle HVAC Market
8.5.1 Spain Electric Vehicle HVAC Market by Technology
8.5.2 Spain Electric Vehicle HVAC Market by Component
8.5.3 Spain Electric Vehicle HVAC Market by Vehicle Type
8.6 Italy Electric Vehicle HVAC Market
8.6.1 Italy Electric Vehicle HVAC Market by Technology
8.6.2 Italy Electric Vehicle HVAC Market by Component
8.6.3 Italy Electric Vehicle HVAC Market by Vehicle Type
8.7 Rest of Europe Electric Vehicle HVAC Market
8.7.1 Rest of Europe Electric Vehicle HVAC Market by Technology
8.7.2 Rest of Europe Electric Vehicle HVAC Market by Component
8.7.3 Rest of Europe Electric Vehicle HVAC Market by Vehicle Type
Chapter 9. Company Profiles
9.1 Valeo SA
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Product Launches and Product Expansions:
9.1.6 SWOT Analysis
9.2 Hanon Systems (Hahn & Co. Auto Holdings Co., Ltd.)
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Geographical Expansions:
9.2.6 SWOT Analysis
9.3 Toyota Industries Corporation
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.6 SWOT Analysis
9.4 Mahle GmbH (Mahle Stiftung GmbH)
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Product Launches and Product Expansions:
9.4.5.2 Acquisition and Mergers:
9.4.6 SWOT Analysis
9.5 Panasonic Holdings Corporation
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Acquisition and Mergers:
9.5.6 SWOT Analysis
9.6 Johnson Electric Holdings Limited
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Regional Analysis
9.6.4 Recent strategies and developments:
9.6.4.1 Acquisition and Mergers:
9.6.5 SWOT Analysis
9.7 Sanden Corporation (Hisense Home Appliances Group Co., Ltd)
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Recent strategies and developments:
9.7.3.1 Partnerships, Collaborations, and Agreements:
9.7.4 SWOT Analysis
9.8 Marelli Holdings Co., Ltd.
9.8.1 Company Overview
9.8.2 Recent strategies and developments:
9.8.2.1 Partnerships, Collaborations, and Agreements:
9.8.2.2 Product Launches and Product Expansions:
9.8.3 SWOT Analysis
9.9 Denso Corporation
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Regional Analysis
9.9.4 SWOT Analysis
9.10. Brose Fahrzeugteile SE & Co. KG
9.10.1 Company Overview
9.10.2 SWOT Analysis

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings